Social Media

Mom-Focused Daily Deal Site Plum District Raises $8.5 Million

Daily deal site Plum District has raised $8.5 million in order to expand beyond the 20 districts where it currently offers deals. The Series A funding is led by Kleiner Perkins Caufield & Byers.

Plum District attempts to differentiate itself from the increasingly crowded daily deal space by targeting mothers and their families. The site's deals, which range from products like children's clothing to services like portrait photography, are "sourced" by mothers who earn commissions for bringing in deals from local businesses. These women also help promote the deals using their own blogs, social networks, and discussion boards.

Even with this tweak to the daily deal business model, Plum District faces stiff competition from some of the biggest online companies. Last year, Yelp and AOL both announced their own daily deal features. And last week, Mashable learned that Google also plans to join the game.

On the other hand, none of these giants have attempted to target a specific demographic. And as far as niches go, Plum District has probably picked the most promising one. According to estimates by eMarketer, the demographic controls about 80% of household spending. While other sites like Daily Deals for Moms have their sights set on the same space, dominating it is still up for grabs.

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is a leading source for news, information and resources for the Connected Generation. Mashable reports on the importance of digital innovation and how it empowers and inspires people around the world. Mashable's record 42 million unique visitors worldwide and 21 million social media followers are one of the most influential and engaged online communities. Founded in 2005, Mashable is headquartered in New York City with an office in San Francisco.